Is gold a good investment?

That depends a great deal on what your investment goals and plans are. There are many investors and analysts that would say that investing in gold is a very good idea. There are others that would advise against it.

Where you need to stay is the in between. The best option is to invest in gold, but in moderation. This should only be part of your investment portfolio options. In some countries, gold holds its value more than most other options; therefore it is widely purchased and used.

However, in others, like the United States, that is not the case. There are many stocks, bonds, and dollar investment options. Therefore it is better to invest in different resources.

Gold does tend to be a stronghold when the economy takes a dip. Therefore for short-term investments, or investments to have a good leg to stand on, it is suggested that gold would be a good option.

Gold has historically held its value when national and worldwide currencies have not. However gold does not necessarily build a higher income or interest. Even though gold is doing great now, there have been many years where there was no increase in value. In fact there was some time during the 80s that gold declined. This is why some investors suggest that the market for gold may change.

Over the last 30 months or so, gold has increased in value. At this time, gold looks to be a good investment. There may continue to be this growth. However that can change, as with any commodity, stock or bond.

Some analysts have said that the value of gold has gone up due to a weakening the US dollar. However, the value of gold has gone up with many different forms of money. So that theory does not hold as much as the fact that gold appears to be going up in value.

It is said that gold investing right now is the early stages of the bull market. Therefore, getting in at a good time is also a good idea. You can see a significant increase during the correct times of the market.

The option of capitalizing on the price movement with gold is considered a safer investment. Though it is always good to only invest in gold, in part. Gold can be a good addition to a sound investment plan.

When is a good time to buy gold?

Purchasing gold really does not have any time issues. The typical investment ideas do not work the same with gold. The best answer is, to purchase gold when you are ready to. It is a great time to purchase gold right now. Primarily due to the fact that it appears that the value of gold is going up. Though, that is just an educated guess. It is a good idea to look at the information, and then make the best educated guess that you can.

Resources of how to learn more

There are many books and resources available to help investors learn and choose wisely when investing in gold. Here are a couple of those resources.

The ABCs of gold investing, written by Michael J Kosares
https://www.usagold.com/cpm/aboutcpm.html
https://www.investmentu.com/tradersu/2005/20050922.html
https://www.investmentu.com/IUEL/2003/20031111.html
https://www.infofastlane.com/gold/index.shtml

There are many different options to learn about the opportunities of investing in gold. You will be able to watch the growth of the price of gold on the Internet. There does show to be some promise to this type of investment. Therefore making it a good investment right now.

The best security though is to watch for changes in the gold values, and invest in multiple options. Do not put all your money into one hand. That hand could get weak, and you will want some stability in a few places.